The bears are in charge! They have already dragged Ethereum below the mark at $3412 and – after some recreational sidewards movement – even further down. Soon, they should reach the support at $2306 and lead Ethereum below this mark as well to finish wave v in orange. However, we must keep in mind the 42% chance that the bears could lose control so that Ethereum could escape above $3412 and into the blue zone between $3512 and $4559.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.